Wilderness Guide Services, Inc., performs adjusting entries every month, but closes its accounts only at year-end. The company's year- end adjusted trial balance dated December 31, current year, is as follows. WILDERNESS GUIDE SERVICES, INC. Adjusted Trial Balance December 31, Current Year. Cash Accounts receivable Camping supplies Unexpired insurance policies Equipment Accumulated depreciation: equipment Notes payable (due 4/1/next year) Accounts payable Capital stock Retained earnings Dividends Guide revenue earned Salary expense Camping supply expense Insurance expense Depreciation expense: equipment Interest expense $ 12,200 31,000 7,900 2,400 70,000 $ 60,000 18,000 9,500 25,000 15,000 1,000 102,000 87,500 1,200 9,600 5,000 1,700 $ 229,500 $ 229,500 (Hint: Unprofitable companies have no income taxes expense.) a-1. Prepare an income statement for the year ended December 31, current year. c. Has the company been profitable in the past? Complete this question by entering your answers in the tabs below. Req A1 Req A2 Req A3 Req B Req C Prepare an income statement for the year ended December 31, current year. WILDERNESS GUIDE SERVICES, INC. Income Statement For the Year Ended December 31, Current Year Revenues: Expenses: $ 0 0